2009 Instructions For Schedule Sb (Form 5500) Single-Employer Defined Benefit Plan Actuarial Information (Page 11 of 11) in pdf

If a base is negative (i.e., a “gain base”), show amounts in

plan year and the valuation date using the effective interest rate

parentheses or with a negative sign in front of them. All

for the current plan year.

amounts must be calculated as of the valuation date for the

Special rule for late election to apply balances to

plan year. Label the schedule “Schedule SB, line 32 –

quarterly installments. If an election was made to use the

Schedule of Amortization Bases.”

funding standard carryover balance or the prefunding balance

Line 33. Funding Waiver. If a waiver of minimum funding

to offset the amount of a required quarterly installment, but the

requirements has been approved for the current plan year,

election was made after the due date of the installment, the

enter the date of the ruling letter granting the approval and the

amount reported on line 35 may not be the same amount that is

waived amount (reported as of the valuation date) in the spaces

subtracted from the plan’s balances in the following plan year

provided. If a waiver is pending, do not complete this line. If a

(to be reported in line 8 of Schedule SB for the following plan

pending waiver is granted after Form 5500 is filed, file an

year). Refer to the Tax Regulations under section 430 of the

amended Form 5500 with an amended Schedule SB.

Code for additional information.

Line 34. Total Funding Requirement Before Reflecting

Line 36. Additional Cash Requirement. Enter the amount in

Carryover/Prefunding Balances. Enter the sum of line 31

line 34 minus the amount in the “Total Balance” column in line

and the amortization installments reported in lines 32a and 32b,

35. (The result cannot be less than zero.) This represents the

reduced by line 33. (Result cannot be less than zero.)

contribution needed to satisfy the minimum funding requirement

for the current year, adjusted for interest to the valuation date.

Line 35. Balances Used to Offset Funding Requirement. If

the percentage reported on line 16 is at least 80%, and the plan

Line 37. Contributions Allocated Toward Minimum

has a funding standard carryover balance and/or prefunding

Required Contribution for Current Year, Adjusted to

balance (as reported on line 13, columns (a) and (b)), the plan

Valuation Date. Enter the amount reported in line 19c.

sponsor may elect to credit all or a portion of such balances

Line 38. Interest-Adjusted Excess Contributions for Current

against the minimum required contribution. Enter the amount of

Year. Report the interest-adjusted excess contributions as of

any balance to be used for this purpose in the applicable

the valuation date. This amount (plus interest, if applicable) is

column of line 35, and enter the total in the column headed

the maximum amount by which the plan sponsor may elect to

“Total balance.” No portion of the prefunding balance can be

increase the prefunding balance. Do not enter a negative

used for this purpose unless the full amount of any remaining

number.

funding standard carryover balance (line 13, column (a)) is

Line 39. Unpaid Minimum Required Contribution for

used. The amounts entered on line 35 cannot be larger than the

Current Year. If line 37 is less than line 36, enter the amount

corresponding amounts on line 13 (unless the plan’s valuation

by which line 36 exceeds line 37. Otherwise, enter “0”.

date is not the first day of the plan year, as discussed below), or

Line 40. Unpaid Minimum Required Contribution for All

the corresponding amount on line 34.

Years. Enter the sum of the remaining unpaid minimum

If the plan’s valuation date is not the first day of the plan

required contributions from line 30 and the unpaid minimum

year, adjust the portion of the funding standard carryover

required contribution for the current year from line 39.

balance and prefunding balance used to offset the minimum

required contribution for interest between the beginning of the

-65-

Instructions for Schedule SB (Form 5500)

2009 Instructions For Schedule Sb (Form 5500) Single-Employer Defined Benefit Plan Actuarial Information Page 11

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